BSVN Form 144 Filed for 5,000-Share RSU Sale via Stifel ($246K)
Rhea-AI Filing Summary
Bank7 Corp. (BSVN) Form 144 filing: An individual notified intent to sell 5,000 shares of Bank7 common stock on 09/02/2025 through Stifel Nicolaus. The reported aggregate market value of the proposed sale is $246,398.00. The filer states the shares were acquired as Restricted Stock Units on 09/20/2022, totaling 6,523 units, with cash used for payment on the acquisition date. The issuer has 9,450,979 shares outstanding per the form. No sales by the filer in the prior three months were reported.
Positive
- Transparent disclosure of the proposed sale including broker, number of shares, aggregate value, and sale date
- Clear acquisition history showing shares derived from Restricted Stock Units granted and paid on 09/20/2022
- No prior sales in past three months reported, indicating this is not part of a recent selling pattern
Negative
- None.
Insights
TL;DR: Insider plans to sell a small block of shares from RSUs; disclosure is routine and likely immaterial to valuation.
The filing reports a proposed sale of 5,000 shares worth $246,398, originating from RSUs granted on 09/20/2022. Relative to the issuer's reported 9,450,979 shares outstanding, the proposed sale represents a very small fraction of the float (~0.05%). There were no other sales reported in the prior three months. This suggests the transaction is likely a routine liquidity event rather than a signal of broad insider divestiture. The use of a broker (Stifel Nicolaus) and the clear acquisition history improve transparency.
TL;DR: The Form 144 is properly completed for a Rule 144 sale of RSU-derived shares; disclosure aligns with compliance expectations.
The filer discloses the nature of acquisition (Restricted Stock Units) and the date of grant/payment, and affirms no undisclosed material adverse information. The filing indicates adherence to Rule 144 procedures and includes broker details and proposed sale date. Given the modest size of the sale and absence of recent sales, this appears consistent with standard insider liquidity practices and does not, by itself, imply governance or control changes.